Intraday share trading loss

Loss from Speculative Business

ITR 4 

Dear All, 

Kindly quote relevant section.

it should be speculative business income/loss and can be carried forwarded for upto 4 assessment years and should be only setoff against speculative business income only , furthere it it a speculative business income/loss as intraday trading is not a single day holding , if u hold such scrip/securities for atleast 1 day then it will be form part of STCG @ 15% ,otherwise it is treated as speculative business income/loss and should file return under ITR4

Hope u understood clearly.

regards